Research Analysts Offer Predictions for ALRS FY2025 Earnings

Alerus Financial (NASDAQ:ALRS) – Analysts at DA Davidson boosted their FY2025 earnings per share estimates for shares of Alerus Financial in a research report issued to clients and investors on Monday, November 3rd. DA Davidson analyst J. Rulis now forecasts that the company will post earnings per share of $2.50 for the year, up from their previous estimate of $2.40. DA Davidson has a “Neutral” rating and a $25.00 price target on the stock. The consensus estimate for Alerus Financial’s current full-year earnings is $2.14 per share. DA Davidson also issued estimates for Alerus Financial’s Q4 2025 earnings at $0.60 EPS.

ALRS has been the topic of several other research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Alerus Financial in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods dropped their price target on Alerus Financial from $25.00 to $24.00 and set a “market perform” rating on the stock in a research note on Monday. Wall Street Zen downgraded Alerus Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 17th. Raymond James Financial reissued an “outperform” rating and issued a $27.00 price target (up previously from $24.00) on shares of Alerus Financial in a research note on Tuesday, July 29th. Finally, Zacks Research raised Alerus Financial from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Alerus Financial presently has a consensus rating of “Moderate Buy” and an average target price of $25.00.

Alerus Financial Stock Performance

ALRS opened at $20.93 on Tuesday. The business’s 50-day moving average price is $22.04 and its two-hundred day moving average price is $21.57. Alerus Financial has a 1 year low of $15.78 and a 1 year high of $24.33. The company has a market capitalization of $531.62 million, a price-to-earnings ratio of 10.06 and a beta of 0.73. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.88 and a quick ratio of 0.87.

Alerus Financial (NASDAQ:ALRS) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.59 by $0.07. The business had revenue of $72.57 million for the quarter, compared to the consensus estimate of $71.41 million. Alerus Financial had a return on equity of 11.84% and a net margin of 13.45%.

Alerus Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, September 26th were given a $0.21 dividend. The ex-dividend date of this dividend was Friday, September 26th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.0%. Alerus Financial’s payout ratio is currently 40.38%.

Institutional Trading of Alerus Financial

Hedge funds and other institutional investors have recently modified their holdings of the stock. Thompson Investment Management Inc. acquired a new stake in shares of Alerus Financial in the second quarter valued at about $32,000. NewEdge Advisors LLC grew its holdings in Alerus Financial by 90.1% during the second quarter. NewEdge Advisors LLC now owns 1,544 shares of the company’s stock worth $33,000 after purchasing an additional 732 shares during the period. State of Wyoming bought a new position in Alerus Financial during the first quarter worth about $49,000. AlphaQuest LLC bought a new position in Alerus Financial during the third quarter worth about $59,000. Finally, Tower Research Capital LLC TRC grew its holdings in Alerus Financial by 172.7% during the second quarter. Tower Research Capital LLC TRC now owns 3,371 shares of the company’s stock worth $73,000 after purchasing an additional 2,135 shares during the period. Institutional investors and hedge funds own 51.25% of the company’s stock.

Alerus Financial Company Profile

Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that engages in the provision of various financial services to businesses and consumers. The company operates in four segments: Banking, Mortgage, Retirement and Benefit Services, and Wealth Management.